For Q3 FY2013, the Group achieved revenue of $141.5 million and net profit of $26.2 million, an impressive YoY increase of 49% and 373% respectively. Out of the $26.2 million from the net profit, $5.8 million comes from the one-time gain on the disposal of available for sale investment and $3.4 million from tax refund.

 

All 4 business segments registered good growth in revenue (slight decrease in the water & waste engineering segment) YoY, with the "Real Estate Solutions" segment doubling its revenue to $77 million, an increase of 121% YoY due to completion of order book backlog revenue recognition from FY2012.

 

 

 

As of 31 December 2012, the Group financial position remains healthy, with Cash & Cash Equivalent of $178.7 million after netting off all the borrowings. The Group's NAV is up from 50.4 cents to 53.8 cents, out of ...